US Webmasters... Hate to be the bearer of bad news... - GoFuckYourself.com

PersianKitty · 06-16-2003, 12:41 AM

If you owe em...don't forget to send your quarterly estimated tax payment on Monday.

goBigtime · 06-16-2003, 12:48 AM

ugh thanks for the reminder. Been so busy lately I forgot

Rictor · 06-16-2003, 12:50 AM

What happens if I don't? Fine?

Screw it...if I show a profit this year, I'm gonna blow it on expenses in December.

PersianKitty · 06-16-2003, 12:55 AM

Quote:

Originally posted by Rictor
What happens if I don't? Fine?

Screw it...if I show a profit this year, I'm gonna blow it on expenses in December.

Depends.. if you are required to do them and don't, they can fine you after the fact and charge interest also.

*if* you show a profit? How does someone not make a profit doing this?

Rictor · 06-16-2003, 01:01 AM

Quote:

Originally posted by PersianKitty

Depends.. if you are required to do them and don't, they can fine you after the fact and charge interest also.

*if* you show a profit? How does someone not make a profit doing this?

My non-porn company grosses $1 million a year but I guarantee we will show a loss. Salaries, expenses, product, etc. If we think we are going to show a profit, we spend more money and pay out some bonuses.

baddog · 06-16-2003, 01:02 AM

Quote:

Originally posted by PersianKitty

*if* you show a profit? How does someone not make a profit doing this?

creative bookkeeping

PersianKitty · 06-16-2003, 01:13 AM

Quote:

Originally posted by baddog

creative bookkeeping

You have to remember.. for the first 18 or so years of my adult life I was an accountant.

AWW - Kevin · 06-16-2003, 01:21 AM

Quote:

Originally posted by PersianKitty

You have to remember.. for the first 18 or so years of my adult life I was an accountant.

why ask a silly question then ?

PersianKitty · 06-16-2003, 01:24 AM

Quote:

Originally posted by AWW - Kevin

why ask a silly question then ?

Wasn't meant to be silly in my eyes......hell for me... after years and years of living hand to mouth I'm glad to make enough that I have to pay uncle sam and can afford to.

What I actually meant was if you're fair, honest and hardworking... it's not difficult to *make* a profit....showing it is between you and the IRS. I like to sleep at night.

Rictor · 06-16-2003, 01:26 AM

You don't have to be dishonest to not show a proift. Just invest your profit back into your company.

baddog · 06-16-2003, 01:27 AM

Quote:

Originally posted by PersianKitty

You have to remember.. for the first 18 or so years of my adult life I was an accountant.

I am still waiting for that special weekend when you tell me your life story.

I think it would be a perfect made for TV movie.

PersianKitty · 06-16-2003, 01:28 AM

Quote:

Originally posted by baddog

I am still waiting for that special weekend when you tell me your life story.

I think it would be a perfect made for TV movie.

Bad men.. bad choices... etc etc... lessons learned... it's definitely not movie of the week material.

AWW - Kevin · 06-16-2003, 01:30 AM

PK, i know what you meant !
hope you noticed my "

"

Quote:

Originally posted by Rictor
You don't have to be dishonest to not show a proift. Just invest your profit back into your company.

that's was my point as well...will be doing that as soon as
we show a profit

baddog · 06-16-2003, 01:30 AM

Quote:

Originally posted by Rictor
You don't have to be dishonest to not show a proift. Just invest your profit back into your company.

there are many, many tax deductable ways to utilize profits that not only benefit you, but your county, state and federal govts, and still minimize your tax liability.

I pay taxes every year, but never quarterly, and have yet to be subjected to any fines for doing so

baddog · 06-16-2003, 01:32 AM

Quote:

Originally posted by PersianKitty

Bad men.. bad choices... etc etc... lessons learned... it's definitely not movie of the week material.

any baddogs? see, we can still make it a special weekend

voodooman · 06-16-2003, 02:03 AM

Quote:

Originally posted by PersianKitty

Depends.. if you are required to do them and don't, they can fine you after the fact and charge interest also.

*if* you show a profit? How does someone not make a profit doing this?

Not getting listed on your sites.

ADL Colin · 06-16-2003, 02:30 AM

Quote:

Originally posted by PersianKitty

Bad men.. bad choices... etc etc... lessons learned... it's definitely not movie of the week material.

Isn't it?

baddog · 06-16-2003, 02:39 AM

Quote:

Originally posted by PersianKitty

Bad men.. bad choices... etc etc... lessons learned... it's definitely not movie of the week material.

there is that new channel on cable, Women's Entertainment Network. . . . they could use it as filler between the yoga classes

06-16-2003, 02:58 AM

Thanks for the heads up PK

cosis · 06-16-2003, 05:37 AM

Sent mine out Friday

Sarah_Jayne · 06-16-2003, 06:32 AM

it is also the last day to file normal taxes if you live outside the country. So, today is my April 15th..oh yay.

06-16-2003, 12:41 AM	#1
PersianKitty Meow Media Inc. Industry Role: Join Date: Jul 2001 Location: In the valley of the sun, cactus, tacos, tequila, and nod Posts: 7,785	US Webmasters... Hate to be the bearer of bad news... If you owe em...don't forget to send your quarterly estimated tax payment on Monday. __________________ Wondering what webmaster programs PK uses? Check them out here!

06-16-2003, 12:48 AM	#2
goBigtime Confirmed User Join Date: Nov 2002 Posts: 7,761	ugh thanks for the reminder. Been so busy lately I forgot

06-16-2003, 12:50 AM	#3
Rictor Old Timer Industry Role: Join Date: Jan 2001 Location: Indianapolis Posts: 12,208	What happens if I don't? Fine? Screw it...if I show a profit this year, I'm gonna blow it on expenses in December.

06-16-2003, 01:26 AM	#10
Rictor Old Timer Industry Role: Join Date: Jan 2001 Location: Indianapolis Posts: 12,208	You don't have to be dishonest to not show a proift. Just invest your profit back into your company.

06-16-2003, 02:58 AM	#19
shermo Guest Posts: n/a	Thanks for the heads up PK

06-16-2003, 05:37 AM	#20
cosis Confirmed User Industry Role: Join Date: Aug 2001 Location: Beach Posts: 5,281	Sent mine out Friday

06-16-2003, 06:32 AM	#21
Sarah_Jayne Now with more Jayne Industry Role: Join Date: Dec 2002 Location: Los Angeles Posts: 40,077	it is also the last day to file normal taxes if you live outside the country. So, today is my April 15th..oh yay.